Takaful: an ideal alternative for women

This paper is motivated by the present facts, that women play significant and extensive roles that are not confined to their traditional household duties. This is partly due to increasing financial demands as the definition of families’ essential needs has expanded. The rising cost of living has mad...

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Bibliographic Details
Main Author: Abdullah, Nurdianawati Irwani
Format: Article
Language:English
Published: International Shari'ah Research Academy for Islamic Finance (ISRA) 2012
Subjects:
Online Access:http://irep.iium.edu.my/26705/
http://irep.iium.edu.my/26705/
http://irep.iium.edu.my/26705/4/ISRA_APRIL_2012-revised.pdf
Description
Summary:This paper is motivated by the present facts, that women play significant and extensive roles that are not confined to their traditional household duties. This is partly due to increasing financial demands as the definition of families’ essential needs has expanded. The rising cost of living has made surviving and building a family on a single income near to impossible. Therefore, women are forced to take on some of the financial burdens in the management and maintenance of a household, in addition to their core responsibilities as wives and mothers. To perform these multi-tasking responsibilities, they have to be very wise, energetic and efficient.